LTCUSDT 4H Interval - Resistance and SupportLast in today's chart, we have the LTC chart against USDT, on a four-hour time frame. Let's start by marking the uptrend channel with blue lines, as you can see, the price is leaving the channel down for the second time.
Now let's move on to determining the support and as you can see we have the first support at the price of $85.64, the second at the price of $80.84, the third at the price of $77.11 and the fourth at the price of $73.29.
Looking the other way, we can mark the resistance areas in the same way, but first, it is worth marking the strong resistance zone from $ 90.35 to $ 93.29, only when the price breaks it will go towards the resistance at $ 98.10, and then $ 105.84.
As we can see, the CHOP index indicates that most of the energy has been used, the MACD indicates a local downtrend, while the RSI is moving in the middle of the range.
4hrchart
Daily review of ETH interval 4HNow let's move on to the ETH chart, but this time we will check what the situation looks like considering the one-day interval. Let's start by marking with a yellow line, the uptrend line that the price has broken below.
Let's move on to identifying the places of support for the ETH price, if the correction is deepened. As we can see with the Trend Based Fib Extension tool, the first support in the current situation is at $1507, the second support is at $1401 and the third support is at $1294.
At this point, it is also worth paying attention to the EMA Cross 10 and 30, as we can see the EMA Cross 10 crossed the green EMA Cross 30 lines from above, which confirmed the entry into the local downtrend.
Now we can move on to checking the resistances that ETH will have to face in order for the price to continue to grow. As with support, we will use the Trend Based Fib Extension tool and here we have the first resistance at the price of $ 1561, which rejects the price, then we can mark the resistance zone from $ 1607 to $ 1659, when the zone is broken and positively tested, we will be able to go towards resistance at $1697 and then $1804.
Going further, it is worth looking at the volume where we see a significant predominance of red candles, which indicates greater power on the part of the sellers.
The CHOP index indicates depleted energy, the MACD indicates a local downtrend, while the RSI shows a strong rebound, we are currently moving at the lower limit, which may indicate a temporary sideways trend or a temporary price increase.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $22512, if the support is broken then the next support is $22329 and $22098.
Now let's move to the resistance line, as you can see the first resistance is $22661, if you manage to break it, the next resistance will be $22765, $22873 and $23022.
Looking at the CHOP indicator, we see that we have a lot of energy for a new move, the MACD indicates a local downtrend, while the RSI shows a further rebound, which is healthy in the long run.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1612, if the support is broken then the next support is $1590, $1569 and $1539.
Now let's move to the resistance line, as you can see the first resistance is $1628, if you manage to break it, the next resistance will be $1653, $1675 and $1696.
Looking at the CHOP indicator, we see that there is a lot of energy for the next move in the four-hour interval, the MACD indicates a local downtrend, while the RSI also shows a rebound.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the BNB to USDT chart review on a four-hour time frame. We will start by drawing the downtrend line that the price has broken above, then we can mark the local uptrend line with the yellow line.
Now let's move on to determine the support that the price has in case of declines, and here we can see that the first support is at $292.2, when the support is broken, the next support is at $278.4, the third support is at $267.5, then we have a strong support zone from $256 to $240.
Looking the other way, it is worth checking what resistances the BNB price has to overcome on its way, and in this situation we see that the price is struggling to break the first resistance at $307.5, when it breaks it we have resistance at $331.4, and then $361.8.
It is worth looking at the EMA Cross 10 and 30, because we can see that for a while we could see a change in the trend, but we quickly returned to the uptrend.
The CHOP index indicates that we have a lot of energy for the next move, the MACD indicates a local uptrend, while the RSI, after a correction, returned to the upper part of the range.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support at which the price is currently located is $1612, if the support is broken then the next support is $1594, $1571, $1503.
Now let's go from the resistance line, as you can see the first resistance is $1645, if you manage to break it, the next resistance will be $1672, $1692, $1713.
Looking at the CHOP indicator, we see that the energy is slowly gaining strength in the 4-hour interval, the MACD indicates entering a local downtrend, while the RSI has a nice rebound, which may give room for new increases.
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line, moreover, on the EMA Cross 10 and 30, we can see the crossover point and an indication of entering a downtrend.
Let's start with the support line and as you can see the first support in the near future is $287, if the support is broken then the next support is $280 and $270.
Now let's move to the resistance line, as you can see the first resistance is $294, if you manage to break it, the next resistance will be $298, $302 and $307.
As we can see, the MACD confirms the local downtrend, while the RSI has a nice recovery and room for new growth.
Daily review of BTC interval 4HHello everyone, I invite you to review the BTC chart taking into account the four-hour interval. As we can see, the price broke the downtrend line and went above the trend line.
Currently, BTC is fighting a strong resistance at $21,488, only when the price breaks above the indicated level, it will start moving towards the resistance at $23,145, and then to the resistance at $25,221.
Looking the other way, it is worth marking support areas when the price starts to fall. And here we can mark the level of $20039 as the first support, then we have support at $19166 and $18448, then there is a strong support zone from $17749 to $16759.
However, here it is worth taking a closer look at the formed formation called Rising Wedge, which, unfortunately, is characterized by leaving the formation with a downward move.
In such a situation, we can mark the places of stoploss and entry into a possible position and the possible target to be achieved.
It is worth remembering that leaving the indicated formation usually takes place after a failed fourth attempt to break up.
As we can see, the CHOP index indicates that we have a lot of energy for a new move, the MACD indicates a local downtrend, while the EMA Cross 10 and 30 indicate that we are in an uptrend.
DOT / USDT 4H CHART - Resistance and SupportHello everyone, I invite you to review the DOT/USDT chart, on a four-hour interval. Let's start by marking the downtrend channel with the blue lines, as we can see, we are close to the third attempt at an uptrend from the channel as the price has bounced off this border twice already.
However, here we can also see a rounding bottom pattern formed, which may help change the current trajectory of the move in this situation. When the price positively tests the current resistance level, we should see an upward move.
As for the support that is relevant at the moment, we should mark the support zone from $4.76 to $4.22.
However, when the price retests the first resistance and we move further up, the price will have to break the resistance zone from $5.43 to $5.80, only then we will move towards $6.18.
When we look at the EMA Cross 10 and 30, we see that the red line has crossed the green one from below, which is a confirmation of the price increase signal, but it should be watched for a false breakout.
Daily review of ETH interval 4HHello everyone, I invite you to update the latest ETH analysis on a four-hour interval.
As we can see, the price followed the designated Rounding Bottom formation, broke the Resistance Level, then positively tested it and moved upwards, in accordance with the presented movement.
Still the main resistance to which the price is heading is the $1477 level.
However, when it comes to the support that we should take into account now, we can set the support at $ 1408, which is currently being tested by ETH, then our previous resistances are new support for us.
As we can see on the CHOP index, the energy has been spent on the last upward move, while the RSI is moving in the upper range. These data may indicate a moment of respite and recovery of the indicators.
Daily review of BTC interval 1DI invite you to the BTC review, on a one day interval. As we can see, the price has moved above the downtrend line.
We continue to see that BTC struggled to break through the $18,372 level where it ran out of energy last time, however, it has now managed to break out of that level and the price is heading towards the resistance at $19,199, which is located at the so-called golden Fib point. The next resistance is around $20,194 and then $21,499.
This is what the current movement may look like before further growth.
Now it is necessary to check to what level the price can drop if the level of $18372 does not hold the price. And here it is worth marking the support zone from $ 17,222 to $ 16,796.
The CHOP index indicates that the energy is depleted in the four-hour interval, while the RSI index has crossed the upper range, which may also indicate a small rebound.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving above the local uptrend line.
For the next few hours, we can designate 3 support places at the price of $ 1229, then at $ 1999 and $ 1176.
Now let's go from the resistance line, as you can see the first resistance is $1265, the next at $1283, then $1297 and $1312.
Looking at the CHOP indicator, we see that most of the energy has been used up, the MACD indicates entering a local downtrend, and the RSI is moving in the upper range, which may indicate a deeper correction.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $16766, if the support is broken then the next support is $16671 and $16597.
Now let's go to the resistance line, as you can see the first resistance is $16898, if you manage to break it, the next resistance will be $16984, $17054 and $17122.
Looking at the CHOP indicator, we see that in the 4-hour interval we still have energy for the next move, the MACD confirms the local uptrend, but the RSI is in the upper part of the range, which may indicate a small correction.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support at which the price is currently located is $1205, if the support is broken then the next support is $1193 and $1183.
Now let's move on to the resistance line, as you can see the first resistance is $1227 which the price rebounded from, if it manages to break it, the next resistance will be $1251 and $1276.
We can see that the uptrend was confirmed when the moving average red crossed the green line from below.
Looking at the CHOP indicator, we can see that some of the energy has been used for a correction, the MACD indicates entering a local downtrend, while the RSI shows a nice rebound from the moment we touched the upper range.
Review FTM/USDT 4H IntervalI invite you to review the FTM chart against USDT, on a four-hour interval. in this situation, we can use the yellow lines to mark a triangle in which the price is approaching the exit direction. We can also see that the EMA Cross 50, marked with a yellow line, indicates a downtrend, when we see the yellow line cross the blue line, it will be a signal for a larger upward move.
Now we can move on to identify the support lines that the price should rely on, and here we see that we have the first support at $0.20, equal to the 0.618 Fib Retracemant that has held the price in recent days. We still have support at $0.18 and $0.16.
Looking the other way, we can see that price tried to break through the resistance at 0.618 Fib Retracement three times, but each time it bounced off it, and now we have first resistance at $0.22, second resistance at $0.24, third important resistance at $0.26, and fourth at $0.28.
It is worth paying attention to the volume, which is quite small, but with a visible advantage for buyers. The CHOP index indicates that the energy has been used, the MACD confirms the local uptrend, while the RSI, like the CHOP index, shows overheating, which may cause the price to correct.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to a chart review of BNB vs USDT on a four-hour timeframe. We can start by identifying with the white lines a sideways trend channel where the BNB price has been moving for a long time. Then we can move on to marking the yellow downtrend line under which we are currently moving.
As we can see the last drop in the price stopped perfectly at 0.786 Fib Retracement at $221.6 which is a strong support for our price and also the lower border of the side channel, when the price goes lower we can see a drop to around $183.4 which is the place of the last low prices. However, the price is currently trading in the support zone from $246.5 to $236.9.
Looking the other way, we see that the first resistance should be up at $253.3 from which it has already bounced twice, the next resistance is at $274.2, then at $290.8, $307.9 and $332.4, this is a very strong resistance, and also the upper limit of the sideways trend channel.
It is worth paying attention to the volume, which is very low at the moment. The CHOP index indicates that the energy is exhausted, the MACD tries to maintain an uptrend, while on the RSI, despite the sideways movement, we see that we are quite high, we have room for price growth, but a small correction can be expected locally.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $16569, if the support is broken then the next support is $16269, $16018 and $15760.
Now let's move to the resistance line, as you can see the first resistance is $16943, if you manage to break it, the next resistance will be $17373, $17729 and $18080.
Looking at the CHOP indicator, we see that the energy is slowly gaining strength, the MACD indicates that we are close to entering a local uptrend, while the RSI is in the lower range with room for increases.
Daily review of ETH interval 4HI invite you to review the ETH chart on a four-hour interval. Let's start by marking the sideways trend channel with the white lines, while locally we can use the yellow line to determine the local uptrend line from which the price came down.
As for the places of support for ETH in the deepening correction quote, we can see that first we have a support zone where the price is currently from $ 1214 to $ 1181, however, if the price goes lower, we have another support at $ 1134, and then at the price of $ 1075, at the lower border of the channel and at the last low of the price.
Looking the other way, we can similarly determine the passing of resistances and here we see that we have the first resistance at $1227, the second at $1252, the third at $1274 and the fourth resistance at $1308.
It is worth noting that the volume from the last few days is very low with a predominance of red candles. On the CHOP index, we see that most of the energy has been used, the MACD indicates a local downtrend, while on the RSI we see a rebound towards the lower end of the range, which may indicate an impending price increase.
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the 4H BNB to USDT chart as you can see that the price is moving in a sideways trend channel denoted by the white lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $246.9
T2 = $248.4
T3 = $250.6
and
T4 = $253.6
Now let's move on to the stop loss in case the market goes down further:
SL1 = $245.2
SL2 = $243.3
SL3 = $240.4
and
SL4 = $236.8
Looking at the CHOP indicator, we see that the energy is charged on the 4H interval, while the MACD indicator indicates a local uptrend.